Canada: Onion And Shallot Market 2024

Onion And Shallot Market Size in Canada

The Canadian onion and shallot market skyrocketed to $X in 2022, picking up by 15% against the previous year. The market value increased at an average annual rate of +4.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Onion And Shallot Production in Canada

In value terms, onion and shallot production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 29%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In 2022, the average onion and shallot yield in Canada declined slightly to X tons per ha, which is down by -1.6% against the previous year's figure. The yield figure increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 23% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average onion and shallot yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of onions and shallots production in Canada dropped modestly to X ha, remaining stable against the previous year's figure. Overall, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the harvested area increased by 2.9% against the previous year. Over the period under review, the harvested area dedicated to onion and shallot production attained the peak figure at X ha in 2021, and then fell in the following year.

Onion And Shallot Exports

Exports from Canada

For the third year in a row, Canada recorded growth in overseas shipments of onions and shallots, which increased by 29% to X tons in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 40% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, onion and shallot exports soared to $X in 2022. In general, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for onion and shallot exports from Canada, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +8.1%.

In value terms, the United States ($X) also remains the key foreign market for onions and shallots exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +13.9%.

Export Prices by Country

The average onion and shallot export price stood at $X per ton in 2022, growing by 12% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot export price increased by +42.3% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 27%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.4% per year.

Onion And Shallot Imports

Imports into Canada

After four years of growth, overseas purchases of onions and shallots decreased by -9.2% to X tons in 2022. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, onion and shallot imports surged to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest onion and shallot supplier to Canada, accounting for a 78% share of total imports. Moreover, onion and shallot imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), sixfold. The third position in this ranking was taken by Spain (X tons), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+1.7% per year) and Spain (+69.8% per year).

In value terms, the United States ($X) constituted the largest supplier of onions and shallots to Canada, comprising 67% of total imports. The second position in the ranking was taken by Mexico ($X), with a 26% share of total imports. It was followed by Peru, with a 3% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+6.3% per year) and Peru (+7.9% per year).

Import Prices by Country

In 2022, the average onion and shallot import price amounted to $X per ton, with an increase of 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :